Wednesday, June 24, 2020

Bad News For House Prices As Banks Withdraw Mortgage Products

A Reuters poll of property market analysts published yesterday reported that house prices are anticipated to fall by 5% this year, but the much bigger issue is the decimation of almost 90% of the first-time buyer mortgage market, as many lenders withdraw their 90-95% loan-to-value products. Via Forbes - Real Estate https://ift.tt/3d56d7A

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